MBO = Monday Break Out 8 UTC GMT - 7 UTC GMT (MBO = Monday Break Out 8 utc gmt - 7 utc)
Measures the high and low between the opening of Friday's 8am GMT candle and the close of Monday's 7am GMT candle.
Modify the Fib tool to have at least the following %s:
Buy take profit: 137.50%
Buy entry: 107.00 %
Buy Stop: 76.50%
Sell Stop: 23.50%
Sell entry: -7.00 %
Sell take profit: -37.50%
100% is the highest value and is not added to the Fib tool.
0% is not added to the Fibonacci tool and is the lowest price.
If Monday is an intraday trading day, Friday is used.
Do not trade after the close of Friday's 13:00 GMT candle.
The Fibonacci tool moves weekly.
January 2012 trading starts here: http://www.forexfactory.com/showthre...43#post5343643
(Trading in previous posts uses different entry and exit criteria)
Weekly Point Values for 2012:
January 2: 54
January 6: 45
January 13: 69
January 20:37
January 27: -47
Modify the Fib tool to have at least the following %s:
Buy take profit: 137.50%
Buy entry: 107.00 %
Buy Stop: 76.50%
Sell Stop: 23.50%
Sell entry: -7.00 %
Sell take profit: -37.50%
100% is the highest value and is not added to the Fib tool.
0% is not added to the Fibonacci tool and is the lowest price.
If Monday is an intraday trading day, Friday is used.
Do not trade after the close of Friday's 13:00 GMT candle.
The Fibonacci tool moves weekly.
January 2012 trading starts here: http://www.forexfactory.com/showthre...43#post5343643
(Trading in previous posts uses different entry and exit criteria)
Weekly Point Values for 2012:
January 2: 54
January 6: 45
January 13: 69
January 20:37
January 27: -47
Original post attachment (5)
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